AXA WF Glbl Credit Bonds I(H)C EUR Rdx

By Administrator

Created 19/08/2011 - 08:01

The fund’s objective is to achieve a mix of income and capital growth by investing in fixed and floating rate securities. Typical investors would seek a mix of income and capital growth measured in USD.
The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing in a diversified portfolio of transferable debt securities denominated in any freely convertible currencies issued by OECD or non OECD governments and other investment grade corporations or institutions and mortgages and asset backed securities that are located anywhere in the world. The Sub-Fund may invest up to 15% of its assets in sub-investment grade securities (ie: rated lower than BBB- by Standard and Poor’s or lower than Baa3 by Moody’s or if unrated then deemed to be so by the Investment Manager).